Funding you earn now, next payment 05:00 UTC−0.0300%/8h= −32.8% APRnext payment −$0.37 per $10,000 · paid last 24h −0.050%
Price spread now: 01 Exchange against GMX+0.440%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. 01 Exchange is 0.440% dearer against GMX than usual: you sell high and buy low (spread +0.440% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2170 | L +0.0276% / S −0.0158% | pay 0.0034% / 1h | 9m 17s | $823K | — | 150x |
| Short | 01 Exchange ARBUSD | 0.2180 | −0.0024 | pay 0.0003% / 1h | 9m 17s | $7K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.94
- Price spread: +0.440% → 0.000%
- $44.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$37.93
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
GMX and 01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1589% | 1h | 0.2161 | −0.417% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0181% | 1h | 0.2179 | +0.426% | $71K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2170 | +0.002% | $21.7M | $141.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2170 | +0.021% | $41.1M | $61.0M | 200x | as long as short |
| Variational Omni ARB | −0.0091% | 8h | 0.2182 | +0.534% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0063% | 8h | 0.2173 | +0.136% | $12K | $408K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0051% | 1h | 0.2173 | +0.143% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0050% | 8h | 0.2169 | −0.030% | $54.4M | $123.7M | 50x | as long as short |
| 01 Exchange ARBUSDshort | −0.0024% | 1h | 0.2180 | +0.440% | $7K | $1K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2181 | +0.519% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2173 | +0.127% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0008% | 1h | 0.2171 | +0.051% | $45K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2170 | +0.012% | $5.3M | $18.2M | 60x | as long as short |
| Bitget ARBUSDT | +0.0051% | 8h | 0.2169 | −0.048% | $20.7M | $34.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0053% | 8h | 0.2171 | +0.048% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0061% | 8h | 0.2171 | +0.043% | $63.4M | $299.1M | 75x | as long as short |
| Extended ARB-USD | +0.0064% | 1h | 0.2170 | +0.007% | $345K | $2.1M | 25x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2172 | +0.085% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2173 | +0.139% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2177 | +0.320% | $37.0M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2173 | +0.121% | $626K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2180 | +0.466% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2171 | +0.035% | $19.4M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2189 | +0.894% | $38K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.930% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | +0.827% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2174 | +0.182% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2171 | +0.058% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2172 | +0.085% | $294K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2173 | +0.136% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2180 | +0.478% | $442K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0181% | 8h | 0.2173 | +0.141% | $3.0M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2174 | +0.168% | $497K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0276% / S −0.0158% | 1h | 0.2170 | long leg | $823K | — | 150x | |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2169 | −0.048% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0567% | 1h | 0.2180 | +0.459% | $978K | $2.8M | 20x | as long as short |
GMX ARB/USD [ARB-USDC]
01 Exchange ARBUSD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Binance ARBUSDT
Extended ARB-USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP